Australian (ASX) Stock Market Forum

SHE - Stonehorse Energy

Re: HCY - Halcyon Group

man am i ever gonna learn? i bought this a few days ago when it first reached 2,2c only to see it habg around at 1,9c, yesterday i thought was my last chance to sell at 1,9 before the slide started so i did only to see it come back again, im still too new to all this, when i see a drop of 15% or more i start to get really worried, must learn that things go up and down, all the time and two days is not a long time, maaaaaaan, anyway i reckon one or maybe a few bigger guys are accumulating, drove the price to 2,2 a few days ago, stopped buying, hence the vol drop off, let it cool off and now theyre back,
 
Re: HCY - Halcyon Group

yep this is daytraders paradise...until HCY make an announcement it becomes a challenging climate to trade in. there was alot of trade in the .021-.023 range a few days ago so i think it will take alot of volume to breakout past .025 - .026....ish
 
Re: HCY - Halcyon Group

good for daytrading yes but looking at the trades here..was 12million buy at .021 then dissapeared totally as price fell.the 12million order was pulled just b4 the price fall..there is market manipulation and im looking at the trading pattern and thinking tread with caution as can slip very very fast..looking at the history it seems good trading between .013 and .022..very suspicious looking im feeling now..sorry to seem bearish..i still hold but think ill get on the daytrade with this one..to cheap to hold and so many shares..Goodluck all
 
Re: HCY - Halcyon Group

When you say suspicious do you mean big players could be manipulating the price to accumulate or day traders maybe?

From what i understand they have 3 main projects the JV for nickle the copper resource and new uranium tennant?

Does anyone know the progress and potential of these projects
 
Re: HCY - Halcyon Group

KIWIKARLOS said:
When you say suspicious do you mean big players could be manipulating the price to accumulate or day traders maybe?

From what i understand they have 3 main projects the JV for nickle the copper resource and new uranium tennant?

Does anyone know the progress and potential of these projects
ive only heard rumours but now i been thinking..they raised a mere 230K from a .013 issue just the other week..on a worse case scenario big guys could be pushing the price up thus we saw 12mill buy order only to dissapear..then once these guys got the price high enough they dump all their billions of shares to unsuspecting buyers and send down price to the normal range of 1.4 to 1.5 and then the cycle continues..just an observation as where did the phantom 12million buyer go..he dissapeared 20 seconds b4 20million shares were dumped on to the market..hmm food for thought..i hold but i will wait and hope to buy back in 1.5ish
 
Re: HCY - Halcyon Group

just a lazy 43 million traded today so far....allmost seems normal for this stock at the mo.

i partly agree with petee's theory and partly think that it's been a long long time since they made an announcement of substance, so perhaps there is some truth to the rumours and hence there are some genuine big investors trading these quantities...
 
Re: HCY - Halcyon Group

there r buyers yes but on the sell side its massive..ive been right many times with HCY and my gut feeling is there will be a short term dump and buying opportunity back at 1.5...lets see if im right..this could drop to 1.5 within minutes with a large order and that would make a tidy trade profit for the big fish who bought in last few days..then they buy back in traders paradise
 
Re: HCY - Halcyon Group

INORE said:
just a lazy 43 million traded today so far....allmost seems normal for this stock at the mo.

i partly agree with petee's theory and partly think that it's been a long long time since they made an announcement of substance, so perhaps there is some truth to the rumours and hence there are some genuine big investors trading these quantities...

at a very rough calculation, say about $3million has traded in the last few days since the big volume surge, that i snot that much money in the bigger scheme of things, so it could purely be rumour based, but there does seem to be manipulation which could indicate anything really, namely that big player wants to load up cheap cos hes got some red hot inside info or it could be a big day trader palying with it cos of all the RUMOURS and interest, now that im out think ill wait for an ann and maybe not get to see the full rise but might just catch some of it,
 
Re: HCY - Halcyon Group

petee

you seem to be talking less of your info from your contacts and more about day trading and rumours, is something up? your contacts give you a different signal? im not being facetious or cynical if thats the way i might be coming across.

ok bye
 
Re: HCY - Halcyon Group

There is still alot of buying support.

A lot at 2.0c. It has been trading at 2.1c for most of the day with a few trades at 2.2c

Still a lot of volume.

It will be interesting to see if it can hold on to 2.1+ for the close
 
Re: HCY - Halcyon Group

I got out at .021 today after buying in at .018 and .02 make a lil profit but i swear there is something suss going on with this stock. I'm prob just been paraniod though :cautious:
 
Re: HCY - Halcyon Group

MiningGuru said:
There is still alot of buying support.

A lot at 2.0c. It has been trading at 2.1c for most of the day with a few trades at 2.2c

Still a lot of volume.

It will be interesting to see if it can hold on to 2.1+ for the close


yeah dunno if this buying support is just a player setting up people with a false sense of security ie. his buy orders....

although on one hand it seems obvious that the stock is being manipulated, on the other hand, there is still a sh1tload of money being traded at this consistent sell range....for SOME reason.....
 
Re: HCY - Halcyon Group

My broker has told me to buy. He thinks in the short term it should get to 3c. I bought at 2c. I will wait and see.
 
Re: HCY - Halcyon Group

i am very surprised you have a broker that will recomend a buy on such a spec. stock george b......

and how many will/did u buy?
 
Re: HCY - Halcyon Group

if this stock is being manipulated its not with big dollar values. I mean volumes of 48Mil at 0.02 c isn't really alot when you look at companies like INL than move 100M +at 20-30 c.

If a big institutional investor was buying in woldn't you expect higher volumes considering the value?

At the moment i get the feeling its day/short term traders that are moving the SP around
 
Re: HCY - Halcyon Group

Well today it finaly finished above 2c at 2.1c

For a few days it closed higher and then was pushed back down after 4:00pm.

Is that a good sign?

It might be a promising sign as the rest of the mininbg sector was down a bit today.
 
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